The lack of trading in the 10-year JGB is a sign that the gamblers in the investment banks have given up their power play against the Bank of Japan.
They have finally got the message – for the time being – that the Bank will continue to run the show and trying to bet against that is just a loss-making activity.
Bank of Japan Wikimedia Commons
To finance energy transition we need to move from a system that allocates resources in favour of private profit, to a more societal-based system. Read HERE WikiRigaou/Creative Commons
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